Core Insights - Stantec reported strong financial results for Q2 2025, with net revenue reaching $1.6 billion, a 6.9% increase year-over-year, driven by 4.8% organic growth across all regions and business units [3][8][14] - The company has revised its 2025 guidance upward, expecting net revenue growth of 10% to 12%, adjusted EBITDA margin of 17% to 17.4%, and adjusted EPS growth of 18.5% to 21.5% [5][6][12] - Stantec's contract backlog increased to $7.9 billion, reflecting a 9.9% year-over-year growth, with notable organic growth contributions from all regional units [8][21] Financial Performance - Net revenue for Q2 2025 was $1.6 billion, up $103.4 million from Q2 2024, with organic growth of 4.8% [3][14] - Adjusted EBITDA rose 15.0% to $284.4 million, with an adjusted EBITDA margin of 17.8%, a 120 basis point increase from the previous year [3][14] - Diluted EPS increased by 63.0% to $1.19, while adjusted EPS grew 21.4% to $1.36 [3][14] Regional Performance - Canada achieved organic growth of 6.2%, the United States 4.4%, and Global operations 4.3% [3][20] - The Water segment saw significant organic growth of 12.4%, while Energy & Resources delivered 9.5% organic growth [3][14] Acquisitions and Strategic Moves - Stantec completed several acquisitions, including Ryan Hanley, Cosgroves, and Page, enhancing its capabilities in various sectors [4][8][14] - The acquisition of Page, a 1,400-person firm, is expected to strategically complement Stantec's Buildings business [8][14] Outlook and Guidance - The company has increased its guidance for 2025, reflecting strong year-to-date performance and the impact of recent acquisitions [5][6][12] - Adjusted net income is expected to exceed 8.8% of net revenue, with adjusted ROIC projected to be above 12.5% [12][14] Backlog and Cash Flow - Contract backlog reached $7.9 billion, indicating approximately 12 months of work, with 9% organic growth contributing to this increase [8][21] - Operating cash flows increased by 79.4% to $134.0 million, demonstrating solid operational performance and effective collection efforts [14][17]

Core Viewpoint - Stardust Power Inc. is making steady progress in its lithium product development, with a focus on engineering, permitting, and infrastructure, while also beginning third-party validation of its FEL-3 study, which is expected to reduce project risk [2][5] Business Updates - The company successfully closed a public offering on June 18, 2025, raising approximately $4.52 million, including proceeds from the underwriters' partial exercise of their overallotment option [5] - A strategic partnership was formed with Ohio University to advance lithium extraction and refining technologies, aimed at accelerating research on lithium production from brine sources [5] - The company is developing a lithium processing facility in Muskogee, Oklahoma, with an anticipated capacity of producing up to 50,000 metric tons per annum of battery-grade lithium [7] Financial Highlights - As of June 30, 2025, the company had cash and cash equivalents of approximately $2.6 million and no long-term debt [3] - The net loss for the second quarter of 2025 was $3.7 million, compared to a loss of $2.7 million for the same quarter in the previous year [6] - Loss per share improved to $(0.06) for the second quarter of 2025, compared to $(0.07) for the prior year quarter [6] - Net cash used in operating activities increased to $4.5 million for the six months ended June 30, 2025, compared to $2.1 million for the prior year period [6] - Net cash used in investing activities was $2.2 million for the six months ended June 30, 2025, compared to $0.5 million for the prior year period [6] - Net cash provided by financing activities was $8.4 million for the six months ended June 30, 2025, compared to $2.0 million for the prior year period [6]

Q1 Fiscal 2026 Highlights Record royalties of $4.0 millionRecord adjusted EBITDA1 of $3.3 millionTotal revenues of $13.0 millionNet profit of $2.0 million after a $0.9 million restructuring charge MONTREAL, Aug. 13, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the "Company") (TSX: DBO) today reported financial results for its first quarter ended June 30, 2025. “In Q1 2026, D-BOX delivered robust financial performance with record royalty growth and strong profitability,” said Naveen Prasad, i ...

Core Viewpoint - Mattr Corp reported strong operational and financial results for Q2 2025, demonstrating resilience amid global economic uncertainty, with significant revenue growth driven by the acquisition of AmerCable and a diversified product portfolio [4][8]. Financial Performance - Revenue from Continuing Operations for Q2 2025 was $321 million, a 33% increase from $241 million in Q2 2024, primarily due to the addition of AmerCable and higher sales of Xerxes products [5][8]. - Adjusted EBITDA from Continuing Operations increased by 5% to $42.5 million compared to $40.4 million in the prior year quarter [11][40]. - The Connection Technologies segment saw a revenue increase of 99% to $177 million, while the Composite Technologies segment experienced a 5% revenue decline to $144 million [5][20]. Operational Highlights - The company completed its strategic transformation by selling its last remaining pipe coating business, Thermotite, for proceeds of approximately $37.4 million [12][4]. - Mattr's North American production network revitalization activities were completed, with expectations for normalized production levels by 2026 [4][25]. - The company incurred $7 million in Modernization, Expansion, and Optimization (MEO) costs during the quarter, which are expected to be eliminated in future periods [5][40]. Segment Performance - The Connection Technologies segment's Adjusted EBITDA was $22 million, a 28% increase year-over-year, while the Composite Technologies segment's Adjusted EBITDA decreased by 10% to $25 million [5][23]. - The decline in Composite Technologies revenue was attributed to lower sales of composite pipe for international customers, partially offset by increased sales of Xerxes products [20][21]. Market Conditions and Outlook - The company anticipates modestly lower revenue and Adjusted EBITDA in Q3 2025 due to ongoing global trade uncertainties and recently implemented US tariffs on copper products [6][25]. - Mattr continues to focus on enhancing operational efficiency and extracting commercial synergies from its expanded wire and cable portfolio [6][25]. - The company expects to maintain a strong balance sheet while prioritizing technology development and share repurchases under its Normal Course Issuer Bid (NCIB) [6][25].

MONTREAL, Aug. 13, 2025 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (TSX: DBO), a global leader in haptic and immersive entertainment technology with systems deployed on well over 1,000 theatrical screens worldwide and a growing leadership position across simulation racing, training, and experiential markets, today announced the appointment of Naveen Prasad as President and Chief Executive Officer, effective immediately. Mr. Prasad, elected to the Board of Directors at the Corporation’s annual and special m ...

Core Viewpoint - Quorum Information Technologies Inc. is set to release its Q2 2025 results on August 27, 2025, with a conference call scheduled for August 28, 2025, to discuss the results and provide insights into the company's performance [1][2]. Company Overview - Quorum is a North American SaaS Software and Services company that provides essential enterprise solutions for automotive dealerships and Original Equipment Manufacturers (OEMs) [1][3]. - The company offers a range of products including: - Dealership Management System (DMS) that automates and integrates key processes across dealership departments [4]. - DealerMine CRM, which drives revenue into sales and service departments [4]. - Autovance, a retailing platform that enhances dealership efficiency and customer satisfaction [4]. - Accessible Accessories, a platform for increasing vehicle accessories revenue [4]. - VINN Automotive, a marketplace that streamlines vehicle research and purchase processes [4]. Upcoming Events - The Q2 2025 results will be presented by Maury Marks, President and CEO, and Marilyn Bown, CFO, during a conference call on August 28, 2025, at 9:00 am MT (11:00 am ET) [2]. - An updated Investor Presentation, along with a replay and transcripts of the conference call, will be available on the company's website [2].

Announced entry into an agreement to be acquired by XOMA Royalty Corporation for between $1.16 and $1.24 per share in cash, plus a contingent value right related to LAVA’s two partnered assets and unpartnered programsConsummation of acquisition expected to occur in the fourth quarter of 2025, subject to customary closing conditions and an extraordinary general meeting of shareholdersAnnounced decision to discontinue development of LAVA-1266 for acute myeloid leukemia and myelodysplastic syndrome; wind-down ...

Summary of Orchid Island Capital, Inc. News Core Viewpoint Orchid Island Capital, Inc. has declared a monthly cash dividend of $0.12 per share for August 2025, with plans for regular monthly distributions to its common stockholders. The company is focused on maintaining its status as a real estate investment trust (REIT) by distributing at least 90% of its taxable income. Group 1: Dividend Announcement - The Board of Directors declared a monthly cash dividend of $0.12 per share for August 2025, payable on September 29, 2025, to stockholders of record as of August 29, 2025, with an ex-dividend date of August 29, 2025 [1] - The next common stock dividend announcement is expected on September 8, 2025 [7] Group 2: REIT Compliance and Distribution Strategy - To qualify as a REIT, the company must distribute annually at least 90% of its REIT taxable income, excluding net capital gains [2] - The company has not established a minimum distribution payment level and does not guarantee future distributions [2] Group 3: Shareholder Information - As of August 13, 2025, the company had 133,172,673 shares of common stock outstanding, an increase from 130,595,848 shares as of July 31, 2025 [3] Group 4: RMBS Portfolio Characteristics - Orchid Island Capital, Inc. invests in Agency RMBS, focusing on traditional pass-through Agency RMBS and structured Agency RMBS [4] - The company is managed by Bimini Advisors, LLC, a registered investment adviser [4] Group 5: RMBS Valuation and Characteristics - As of July 31, 2025, the total mortgage assets amounted to $7,350,578,000, with Fannie Mae and Freddie Mac representing 60.1% and 39.9% of the portfolio, respectively [11] - The company holds a significant portion of its assets in whole pool RMBS, accounting for 94.3% of total mortgage assets [12]

AUSTIN, Texas, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Astrotech Corporation (Nasdaq: ASTC) (the “Company” or “Astrotech”) today announced that Thomas B. Pickens III, Chairman and Chief Executive Officer, and Jennifer Cañas, Chief Financial Officer, will host investor meetings on Tuesday, September 9, 2025 as part of the H.C. Wainwright 27th Annual Global Investment Conference in New York City taking place at the Lotte New York Palace Hotel. Investors can register and request meetings with management via their HC ...

SHOUGUANG, China, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources,” “we,” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China today announced its unaudited financial results for the three months ended June 30, 2025. The company reported: Net Revenue increased by 250% to $8,343,785 from $2,383,169 in the previous year.Gross profits increased to $986,655 from a loss of $2,728,889.The loss from operations was $750,686 ...